Sourcecorp reduces credit facility to $100M from $237.5M

GabrielMadway

SAN FRANCISCO (MarketWatch) -- Sourcecorp Inc.
SRCP, -28.57%
said Friday that it has amended its revolving credit facility, reducing it to $100 million from $237.5 million. The new facility contains a provision allowing it to be increased to $150 million, and has a maturity date of Sept. 29, 2008. Dallas-based Sourcecorp provides consulting and business process outsourcing solutions.

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